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The Society of Neurological Surgeons Inc

RegisteredEIN 22-2593051Schaumburg, ILEducation and training
Income$1.6m2023-12
Spending$1.4msame year
Spent / received64%5-year average
Size in its cause80th pctEducation and training
Exempt since2017Publicly supported organisat
Employees0latest return

Analysis

The Society of Neurological Surgeons Inc is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Society of Neurological Surgeons Inc reported income of $1.6m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 282%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Society of Neurological Surgeons Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include University at Buffalo Graduate Student Association Inc ($1.6m), Village School ($1.6m) and Kehillah Jewish Education Fund ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 28% of the total. At year end it held assets of $4.0m against liabilities of $881k, net assets of $3.1m.

Income and spending

$0$663k$1.3m$2.0m$2.7m2019 Income: $1,285,9402019 Spending: $1,312,24620192020 Income: $364,2272020 Spending: $174,86020202021 Income: $694,3592021 Spending: $386,66220212022 Income: $2,651,7582022 Spending: $990,59920222023 Income: $1,632,5092023 Spending: $1,364,9022023
IncomeSpending

Where the income comes from

  • Contributions & grants 64%
  • Program services 28%
  • Other 8.8%

Similar-sized charities, same cause

CharityLocationIncome
University at Buffalo Graduate Student Association IncBuffalo$1.6m
Village SchoolCharlottesvle$1.6m
Kehillah Jewish Education FundSkokie$1.6m
CharacterplusSaint Louis$1.6m